The Greens are calling it a capital acquisitions tax because inheritance tax doesn't poll well, but whatever you call it, it means the government takes a third of what you've spent your life building. This isn't just a tax debate, it's a family debate. Most inheritance isn't super yachts and mansions... It's a house, a small business, a few rentals that mum and dad built by working hard, taking risks, and saving for decades.

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Its time New Zealand start taking a look at Australia's tax changes and learn from them, both their mistakes and what they do well...

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New Zealand's pension system is heading for a cliff. In 1965, seven working-age people supported every retiree. Today it's four workers per retiree. By 2065, it'll be two workers supporting every person over 65.

The system was built for a different country with a younger population. Now we're trying to run the same pension promise with half the workforce to pay for it.

The usual answer is 'just lift the retirement age.' But that hits people with physical jobs hardest - tradies, builders, roofers can't work until 67 like office workers can.

Australia saw this coming and acted early. They made super compulsory at 12% contributions. Average Australian retirement balance: $420,000. Average Kiwi: $69,000. We did it at half speed.

The real problem? This was never about pensions - it's about whether people own enough of their future to make their own choices. The pension shouldn't be your whole plan, it should be your backup plan.

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